Intel's board gets industry-focused as three directors will not seek re-election — badly needed shift to deeper tech experience [Yahoo! Finance]
Microchip Technology Incorporated (MCHP)
Last microchip technology incorporated earnings: 2/4 04:10 pm
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Source: Yahoo! Finance
Intel has announced that three members of its 14-person board of directors will not seek reelection at the 2025 annual meeting on May 5, reducing the board to 11, as observed by Reuters . Two out of three directors come from the healthcare industry, and their departure marks the board's shift to become a more high-tech industry-focused one, which may be a good thing for Lip-Bu Tan, Intel's new chief executive. The departing directors are Dr. Omar Ishrak, who formerly led Medtronic and stepped down as Intel's chair in early 2023; Dr. Risa Lavizzo-Mourey, a former University of Pennsylvania professor in population health and equity; and Dr. Tsu-Jae King Liu, a UC Berkeley engineering dean focused on microelectronics. Their exit follows the recent addition of Eric Meurice, ex-CEO of ASML, and Steve Sanghi, interim chief of Microchip Technology , in December. This adjustment continues Intel's move away from its previous board composition, which used to include directors from academia
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MCHP
Earnings
- 11/6/25 - Beat
MCHP
Sec Filings
- 12/8/25 - Form 4
- 11/26/25 - Form 4
- 11/25/25 - Form 144
- MCHP's page on the SEC website